Darin Garman’s Heartland Multi-Family Show
Business:Investing
Today on the Heartland Multifamily Show, Trot and I are talking about Defcon 3. What is it? Why do investors get to Defcon 3? How can you get out of Defcon 3, and what opportunities are there if you want to buy a property that’s at Defcon 3? Defcon 3, meaning Defense Condition 3, is a phrase that dates back to the Cold War. The Defense Condition went from Defcon 5, meaning peaceful but aware of threats, to Defcon 1, which is a full-scale nuclear attack. This analogy also applies to multifamily real estate investing. When you are at Defcon 3, you are inching closer to disaster, but you have the opportunity to right the ship before things get so bad that you can’t fix them. And on the other side of it, if you are an investor who sees another property at Defcon 3 and you have done your due diligence, you can get a good deal to buy and fix up a property that the previous owner has mismanaged. Watch this episode to learn the basics of Defcon 3.
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Episode #261 | The Main Reason Investors Fail At Multi-Family
Episode #260| 1031 Jail and My Most Frequent Phone Calls
Episode #259 | Negotiating Mistakes In A Hot Multi-Family Market
Episode #258 | My 5 Main Strategies In Gaining Investment Confidence
Episode #257 | Why Targeted Returns In Multi-Family May Increase Your Risk By 10X!
Episode #256 | Important Takeaways From The Eviction Moratorium Ending AND What Is Coming Next!
Episode #255 - Nothing To Buy!
Episode #254 | How Sloppiness Can Cost You Dearly In Today's Multi-Family Market
#253 | Important But Never Talked About Strategies
EPISODE #251 | The Three Tools Darin Garman Uses To Accurately Predict Multi-Family Trends & Values
#251 The Myth of Control and Patience In Multi-Family
Episode #250 | Property Tax Warnings For Multi-Family Owners and Investors
Episode #249 | The Big Secret In Setting Tax Assessor Records and Why You Should Too!
Episode #248 | The UNCOMMON Reason Multi-Family Is Easy
Darin Garman | Episode #247 | Profit and Pitfalls Investing Your IRA In Multi-Family
#246 | The Sign Posts of A Multi-Family Real Estate Bubble
#245 | Expecting Reliability and Implementing Obstacle Courses
Episode 244 | The Three Big Things I Was WRONG About Regarding Covid and Multi-Family
Darin Garman | Episode 243 | BREAKTHROUGHS Investors Miss Out On When Reading / Listening To Books 243 | BREAKTHROUGHS Investors Miss Out On When Reading / Listening To Books
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